Sattva Engineering Construction IPO
Open SmeCurrent GMP
₹24 (+32.00%)
Price Band
₹ 70 – 75
Lot Size
1600
Issue Size
₹35.38 Cr
Minimum Investment
₹240000 (3200 Shares)
Listing Date
03 September 2025
Subscription
198.25x
About the Company
Sattva Engineering Construction Limited is an ISO-certified Engineering, Procurement, and Construction (EPC) company specializing in water resource management solutions, primarily for government authorities. The company operates across Tamil Nadu, Puducherry, and other southern states of India.
Core Services:
- Water Supply Scheme (WSS)
- Design and construction of underground/overhead water tanks
- Pump houses, pipelines, and house service connections
- Electromechanical works
- Underground Sewerage System (UGSS)
- House service sewage connections
- Sewage pipelines, manholes, collection wells, pump houses
- Civil structures and instrumentation
- Sewage Treatment Plants (STP)
- Engineering and operation of STPs with components like SBR basins, digestors, and biogas tanks
- Civil structures, electromechanical works, and SCADA-based monitoring
- Water Treatment Plants (WTP)
- Design and construction of WTPs for river/lake water treatment
- Includes clariflocculators, filter beds, chlorinators, and associated systems
- Operation & Maintenance Services
- For STP projects as part of EPC contracts
Technology & Systems:
- SCADA System: Used for real-time monitoring of performance across WSS, STP, and WTP
- SAP Business One (SAP B1): ERP for project management and internal controls
Project Track Record:
- Over 50 projects completed since inception
- As of March 31, 2025, active Order Book includes 13 projects worth approximately ₹30,809.84 lakhs
Clients & Funding:
- Tenders from Urban Local Bodies (ULBs)
- Projects funded under central government schemes like AMRUT and Jal Jeevan Mission, with state/ULB contributions
Leadership:
- Promoters & Directors:
- S. Seshadri and R. Sekar, each with 30+ years of experience in the water industry
- Supported by a 39-member in-house project execution team and third-party consultants
Promoters
- Santhanam Seshadri
- R Sekar
- Jagachchandarr Sekar Uthra
Promoters Holding
Holding Pre Issue
86.18%
Holding Post Issue
0.00%
Objects of the Issue
The Company Sattva Engineering Construction IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- To meet long-term working capital requirements
- General Corporate Purposes
Address / Contact Info
Sattva Engineering Construction Limited
Greams Dugar, 4th floor, North Wing,
Old No. 149, New No . 64,
Greams Road Thousand Lights
Chennai, Tamil Nadu, 600006
Phone: +91-80 1555 6979
Email: investor.relation@sattvaengg.in
Website: https://sattvaengg.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 26 August 2025
IPO Close Date
Friday, 29 August 2025
Basis of Allotment
Monday, 01 September 2025
Initiation of Refunds
Tuesday, 02 September 2025
Credit of Shares to Demat
Tuesday, 02 September 2025
Listing Date
Wednesday, 03 September 2025 — NSE & BSE
Important Dates
Open Date
26 August 2025
Close Date
29 August 2025
Basis Of Allotment
01 September 2025
Listing Date
03 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 114.82 | 87.48 | 83.38 |
| Revenue | 94.85 | 77.44 | 83.93 |
| Profit After Tax | 9.14 | 4.56 | 1.04 |
| Net Worth | 43.42 | 24.03 | 19.47 |
| Reserve & Surplus | 30.67 | 23.03 | 18.47 |
| Total Borrowings | 36.17 | 32.2 | 32.24 |
EPS Pre
7.17%
EPS Post
5.23%
P/E Pre
10.46
P/E (Post Issue)
14.34x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 27.1 | 20.98 | 5.48 |
| ROCE % | 28.58 | 22.14 | 14.08 |
| Debt / Equity | 0.83 | 1.34 | 1.66 |
| RoNW % | 27.1 | 20.98 | 5.48 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 9.64 | 5.89 | 1.24 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 888000 | 28.22 | 0 |
| Non-Institutional | 691200 | 21.96 | 0 |
| BNII | 460800 | 14.64 | 0 |
| SNII | 230400 | 7.32 | 0 |
| Retail Investors | 1568000 | 49.82 | 0 |
| Total | 3147200 | 100 | 0 |
Subscription Status ( Fri, 29 Aug 25 01:55 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 888000 | 109569600 | 123.39x |
| Non-Institutional | 691200 | 243262400 | 351.94x |
| BNII | 460800 | 187977600 | 407.94x |
| SNII | 230400 | 55284800 | 239.95x |
| Retail Investors | 1568000 | 271094400 | 172.89x |
| Total | 3147200 | 623926400 | 198.25x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Sattva Engineering & Construction Ltd | 10 | 0.00 | 4.15 | 4.15 | 10.00 | 240.55 |
| EMS Ltd | 10 | 18.23 | 33.05 | 33.05 | 20.66 | 175.70 |
| Enviro Infra Engineers Ltd | 10 | 21.50 | 11.76 | 11.76 | 27.58 | 56.66 |
| VA Tech Wabag Ltd | 10 | 33.40 | 47.48 | 47.48 | 14.86 | 284.80 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 240,000.00 |
| Retail (Max) | 2 | 3,200 | 240,000.00 |
| S-HNI (Min) | 3 | 4,800 | 360,000.00 |
| S-HNI (Max) | 8 | 12,800 | 960,000.00 |
| B-HNI (Min) | 9 | 14,400 | 1,080,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Vivro Financial Services Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Sattva Engineering Construction IPO is a Book-building IPO worth ₹35.38 crores. The price band is ₹70 to 75 per share. The IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Sattva Engineering Construction IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025
Sattva Engineering Construction IPO Price Band is ₹70 to 75.
Sattva Engineering Construction IPO lot size is 1600, and the minimum amount required for application is ₹240000.
The minimum investment for Sattva Engineering Construction IPO is approximately ₹240000 based on the upper price band.
To apply for the Sattva Engineering Construction IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Aug 29, 2025. After submission, funds are blocked until the basis of allotment of Sattva Engineering Construction IPO is finalised.
Sattva Engineering Construction IPO issue size is ₹35.38 crores.
Sattva Engineering Construction IPO allotment date is Sat, Jun 27, 2026.
The registrar for Sattva Engineering Construction IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Sattva Engineering Construction IPO through their official website or helpline.
The Sattva Engineering Construction IPO GMP (Grey Market Premium) is ₹24 as of Wed, Sep 3, 2025. Based on the upper price band of ₹75 per share, the estimated Sattva Engineering Construction IPO listing price is ₹99, indicating a potential listing gain of approximately 31% over the issue price.